Strive Masiyiwa, founder and Chairman of Liquid Intelligent Technologies, expressed enthusiasm about the potential of this collaboration, stating, "I'm really excited by the connectivity solutions now emerging from breakthroughs in 5G private networks technologies. With this technology we are now able to provide services to large businesses like mines with their own 5G private networks that can also enable NextGen services like AI; this is huge."
Through this partnership, Liquid will hold exclusive rights to sell and distribute Globalstar's XCOM RAN private 5G network solutions in these regions. This cutting-edge technology is designed to enhance the 5G experience, supporting AI-powered applications and transforming industries such as mining in Africa and luxury markets in the Middle East and Gulf.
Hardy Pemhiwa, President and Group CEO of Cassava Technologies, commented, "We look forward to the opportunities this exclusive partnership with Globalstar will unfold for our existing and potential customers in these sectors. Globalstar's unique 5G enterprise solution will enable us to provide unparalleled connectivity to our customers on the continent, aligning with our ambition of becoming a leading technology company of African heritage, empowering businesses and communities with the reliable and high-speed internet access needed to thrive in the digital age."
In addition to distributing Globalstar's 5G solutions, Liquid will also offer comprehensive customer support, including technical assistance and warranty services. The partnership may extend to include Globalstar's satellite services, Band n53 spectrum, and IoT solutions on a non-exclusive basis.
Dr. Paul E. Jacobs, CEO of Globalstar, shared his excitement about the collaboration, saying, "Globalstar is pleased to join in partnership with Cassava and Liquid, a group of well-respected leaders with a sharp focus on technology deployments. The regions where Liquid is a leader are large and growing markets for our technologies which enable safe automation and remote control of mobile equipment in high value environments. Our 5G XCOM RAN product fundamentally differs from traditional wireless solutions and enables mission critical high performance wireless applications. Combining XCOM RAN with the globally licensed Globalstar n53 midband spectrum, creates a very unique offering for private and enterprise 5G networks. Together, Liquid and Globalstar will accelerate advanced wireless technology deployments in Africa, Middle East and Gulf regions."
This partnership marks another milestone for Liquid Intelligent Technologies, reinforcing its commitment to collaborating with global entities to drive connectivity, innovation, and growth for businesses and individuals throughout Africa and beyond.
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